Wereldhave: New Strategy - Results FY 2019
February 06 2020 - 1:00PM
Wereldhave: New Strategy - Results FY 2019
Schiphol, 7 February 2020 – Following a thorough assessment of
its current portfolio versus fundamental market andconsumer trends
and insights, Wereldhave has decided to initiate a major
transformation of its portfolio. The company willmove from a pure
retail focus to a ‘life central’ focus for its assets, whereby
shopping centers will be converted into ‘FullService Centers’.
These offer consumers a balanced mix of retail, high-quality food
& beverage, entertainment, fitness,wellness, healthcare,
co-working space offices, residential use and services. It will
enable consumers to get more out of life,tenants to get more out of
their business and shareholders to get more out of their
investment. It caters to the increasedimportance of sustainability
and the rise of ‘shopping as a social experience’ and the longing
for more balance in the hecticeveryday life. This new strategy
comes at a time when Wereldhave’s direct and indirect results
continue to decline, andmarket developments cause a significant
devaluation of our assets.
- Press release New Strategy - Results FY 2019 Wereldhave
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